Independent broker-dealers ranked by growth in earnings
In March 2012, InvestmentNews Data surveyed more than 100 independent broker-dealers for key financial information. The list below…
In March 2012, InvestmentNews Data surveyed more than 100 independent broker-dealers for key financial information. The list below highlights the top 10 brokerages ranked by percent increase in pretax earnings versus 2010. Figures are for firms’ year end.
For complete profiles and financials on the InvestmentNews indie B-D universe, visit the InvestmentNews Broker-dealer Database.
| Rank | Firm | 2011 pretax earnings ($M) | % change vs. 2010 |
|---|---|---|---|
| 1 | vFinance Investments Inc. | $0.09 | 1304.6% |
| 2 | Capital Financial Group Inc./H. Beck Inc. | $1.6 | 442.2% |
| 3 | Investacorp Inc. | $2.3 | 388.2% |
| 4 | CFD Investments Inc. | $0.2 | 386.1% |
| 5 | LPL Financial | $386.5 | 263.9% |
| 6 | Next Financial Group Inc. | $4.4 | 166.8% |
| 7 | Princor Financial Services Corp. | $8.9 | 133.2% |
| 8 | Broker Dealer Financial Services Corp. | $0.8 | 132.1% |
| 9 | The O.N. Equity Sales Co. | $2.3 | 63.0% |
| 10 | GBS Financial Corp. | $0.06 | 55.7% |
| Figures are for firms’ year end. | |||
For complete profiles and financials on more than 100 independent broker-dealers, visit the InvestmentNews Broker-dealer Database.
Source: InvestmentNews Data
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